Can I retire at age 50 with 539,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $539,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$44,510$44,114$43,727$43,349$42,981$42,603
2 years$22,035$21,624$21,227$20,841$20,467$20,086
3 years$14,544$14,132$13,735$13,353$12,985$12,613
4 years$10,799$10,388$9,996$9,620$9,261$8,901
5 years$8,553$8,145$7,757$7,389$7,040$6,693
6 years$7,056$6,651$6,269$5,909$5,571$5,237
7 years$5,987$5,585$5,209$4,858$4,530$4,210
8 years$5,186$4,788$4,418$4,075$3,758$3,451
9 years$4,563$4,168$3,805$3,471$3,165$2,871
10 years$4,065$3,674$3,317$2,992$2,697$2,416
11 years$3,658$3,271$2,921$2,604$2,319$2,051
12 years$3,319$2,936$2,592$2,284$2,010$1,755
13 years$3,032$2,653$2,316$2,017$1,753$1,510
14 years$2,786$2,412$2,081$1,790$1,536$1,306
15 years$2,574$2,203$1,879$1,597$1,353$1,134
16 years$2,388$2,021$1,703$1,430$1,196$988
17 years$2,224$1,862$1,550$1,284$1,060$863
18 years$2,079$1,720$1,415$1,158$943$756
19 years$1,949$1,594$1,295$1,046$840$664
20 years$1,832$1,481$1,189$947$750$584
21 years$1,726$1,380$1,093$860$672$515
22 years$1,630$1,288$1,008$782$602$455
23 years$1,543$1,205$930$712$540$402
24 years$1,463$1,129$861$649$486$355
25 years$1,390$1,059$797$593$437$315
26 years$1,322$996$739$542$394$279
27 years$1,259$937$686$496$355$247
28 years$1,201$883$638$455$320$219
29 years$1,147$833$594$417$289$195
30 years$1,097$787$553$383$261$173
31 years$1,050$744$516$351$236$154
32 years$1,006$704$481$323$214$137
33 years$965$666$449$297$193$122
34 years$927$631$420$273$175$108
35 years$890$599$392$252$159$96
36 years$856$568$367$232$144$86
37 years$824$540$344$213$130$76
38 years$793$513$322$197$118$68
39 years$764$488$301$181$107$61
40 years$737$464$283$167$97$54
41 years$711$442$265$154$88$48
42 years$686$421$249$142$80$43
43 years$663$401$233$132$73$38
44 years$640$382$219$121$66$34
45 years$619$364$206$112$60$30
46 years$599$348$193$104$54$27
47 years$579$332$181$96$49$24
48 years$561$317$170$88$45$22
49 years$543$302$160$82$41$19
50 years$526$289$151$76$37$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $539,000, adding $3,254 every year, while hoping to spend $28,517 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 43/46/11 Blend
49$539,000$539,000$539,000$539,000
50$597,335$568,768$560,413$620,981
51$627,921$566,295$548,845$635,329
52$660,671$562,746$535,934$647,734
53$695,776$558,037$521,604$660,537
54$733,445$552,080$505,777$673,784
55$773,907$544,783$488,371$687,531
56$817,414$536,046$469,300$701,839
57$864,242$525,765$448,474$716,779
58$914,696$513,828$425,800$732,430
59$969,109$500,120$401,178$748,883
60$1,027,847$484,514$374,506$766,240
61$1,091,313$466,881$345,677$784,616
62$1,159,949$447,080$314,579$804,141
63$1,234,241$424,965$281,095$824,962
64$1,314,725$400,379$245,103$847,241
65$1,401,987$373,158$206,475$871,165
66$1,496,675$343,128$165,077$896,940
67$1,599,499$310,105$120,770$924,799
68$1,711,241$273,893$73,409$955,002
69$1,832,762$234,288$22,842$987,839
70$1,965,008$191,072$0$1,023,637
71$2,109,019$144,015$0$1,066,413
72$2,265,943$92,875$0$1,116,018
73$2,437,039$37,397$0$1,170,243
74$2,623,697$0$0$1,229,616
75$2,827,443$0$0$1,306,207
76$3,049,959$0$0$1,410,590
77$3,293,096$0$0$1,524,711
78$3,558,893$0$0$1,649,535
79$3,849,593$0$0$1,786,125
80$4,167,667$0$0$1,935,649
81$4,515,835$0$0$2,099,395
82$4,897,093$0$0$2,278,783
83$5,314,739$0$0$2,475,374
84$5,772,406$0$0$2,690,887
85$6,274,096$0$0$2,927,219
86$6,824,215$0$0$3,186,454
87$7,427,615$0$0$3,470,893
88$8,089,644$0$0$3,783,066
89$8,816,189$0$0$4,125,762
90$9,613,735$0$0$4,502,053
91$10,489,427$0$0$4,915,323
92$11,451,135$0$0$5,369,300
93$12,507,529$0$0$5,868,089
94$13,668,159$0$0$6,416,215
95$14,943,546$0$0$7,018,662
96$16,345,282$0$0$7,680,920
97$17,886,135$0$0$8,409,038
98$19,580,176$0$0$9,209,682
99$21,442,902$0$0$10,090,193
100$23,491,392$0$0$11,058,662